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20120901
20120930
Search Results 0 to 15 of about 16 (some duplicates have been removed)
smith, tobin smith. jonas max ferris along with larry glazier and susan, welcome to everybody. so, larry, unemployment still above 8%, what is it going to take to get the job market roaring back? >> sure, well, the president's jobs plan is just not cutting it, and you know, we know when we dig beneath the surface, the situation is much worse than the headline data suggests. we know that the underemployment rate, a comprehensive data level is 15 mers in this country and know that the labor participation rate, a reflection of whether people are actually looking for jobs is at its lowest level since the early 1980's, their wages are barely keeping pace with inflation. >> how are we going to get better, larry. it's only a half hour show. >> how we're going to make it better by getting the unskilled workers skills for. that's how we're' going to make it better. >> brenda: this is the 30th month of job growth and-- >> and we're better off, for people who forget fall of 2008, 2009 we were losing 800,000 jobs a month and gdp was contracting and we were on the brink of financial armageddon. to th
, this is bulls and bears and here they are the bulls and bears this week. gary b smith. tobin smith, jonas max ferris along with todd and steve murphy. okay, todd, we saw gas prices jump during the arab spring last year. how bad is this going to get. >> it's going to get horrible. first of all like you said at the top. we're at a record high this time of the year and start talking about the violence that's taking place in libya and oil based countries right now and you have to only assume at that this is going to spread. this is going to continue to move higher and this is something the u.s. economy cannot afford right now because they're looking at higher prices at the pump. less money to go out and spend. >> brenda: steve, we are seeing that supply could drive this higher, but demand might bring it down. the economy is in trouble around the world. >> yes, absolutely. first of all, the supply has not been disrupted and it's not likely to be disrupted and the gulf states, saudi arabia, especially, em rats are pumpi-- emirates wants us to stand up to iran. and the oil supplies-- we know what th
and let's get right to it. the bulls and bears this week, terry b smith, tobin smith. and jonas max ferris, and who is right about it, the markets or big businesses? >> well, big business is right about the economy. you can believe them or not. they have no incentive to tell you things are bad. doesn't help the stock prices, what's really happening if you look at data points, the economy is loge down. new orders going down. trading partners going down. manufacturing going down and employment-- here is the rub, the change, bad economic news means good things for the the stock market. the stock market is not saying that the economy is recovering. the stock market is saying we're going to get more stimulus from gentle ben, more stimulus from mario draghi. not an expectation of recovery. >> those are the central bankers printing money and putting it into the economy in the hope of making the recovery pick up. but, toby, i worry about looking at individual businesses, because, individual things drive them and it may not be a good read on the entire economy. >> if you worry correctly, because if
max ferris. and welcome everybody. gary b, is economic patriotism exactly what the economy needs? >> well, not this version of economic patriotism. you know, i think this plan is going to do a lot more harm than good, brenda, especially to the country's bottom line. look, i went through the plan, obama's plan. i went through his tv commercial, three things jumped out that just didn't make any sense, one, he wants to-- one, he wants to cut tax breaks or companies that outsource. when companies outsource the net effect is to create more jobs that were here. people were able to buy goods cheaper because companies are able to make the goods cheaper and buy goods cheaper and spend more money in other sectors, two the other they think he wants to do, he wanted to invest in education and training programs. that's all well and good, brenda and we know that's going to cost millions and millions of dollars, but that's not how the economy works. >> gary b, it's spending more, what does that do to the debt? >> well, brenda, he tries to get up, up, up. when i went to work for ibm 30-odd years
Search Results 0 to 15 of about 16 (some duplicates have been removed)